FAQ · Q087
Can claims be paid to a foreign bank account?
Check with your insurer whether claims can be paid to a foreign account and in which currency; legal entitlement to payment and the practical ability to transfer funds are separate matters.
Confirm with your insurer in advance whether they can pay claims to an overseas bank account and in which currencies, taking into account your bank’s capabilities and potential fees. Legal entitlement to a claim payment and the practical ability to transfer funds internationally are separate—banks, compliance checks and currency controls can affect timing and feasibility. Obtain a written agreement on the payment route and any required beneficiary documentation before purchasing cover, and ask about expected transfer times and conversion practices.
Check: AlfaStrakhovanie — travel FAQ · Stripe — restricted businesses